LIMONEST, 17 June 2021, 5.45 PM 2020/2021 REVENUES UP 46.8% TO €724.1M (UP 25.4% AT CONSTANT CONSOLIDATION SCOPE) STRUCTURAL IMPROVEMENT IN GROSS MARGIN TO 22.5% (VS. 19.3% IN 2019/2020) RECORD
GROUPE LDLC: RECORD 2020/2021 FULL-YEAR RESULTS finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
GROUPE LDLC: 2020/2021 REVENUES UP 46.8% TO EUR 724.1M
SUSTAINED ROBUST GROWTH IN ALL BUSINESSES
FULL-YEAR BTOC REVENUES UP 62.6% TO €526.2M (UP 30.0% AT CONSTANT CONSOLIDATION SCOPE)
TARGETING FULL-YEAR EBITDA OF AROUND €69M
Olivier de la Clergerie, LDLC Group CEO, said: 2020/2021 was a year of robust top-line growth with revenues up nearly 47% year-on-year. All Group business lines were boosted by the new consumer habits that have emerged during the health crisis, fuelling both e-commerce and local services.
Amid strong and sustained demand for high-tech products among individual consumers and businesses alike, this unprecedented performance vindicates the merits of the omnichannel retail model developed by the Group. As market trends hold steady, the LDLC Group is confident in its ability to post strong earnings growth in FY 2020/2021 with EBITDA forecast at around €69m, over four times the 2019/2020 figure (€15.7m).